Global pig iron production for the period January–May 2026 fell by 2.8% compared with the same period in 2025, to 569.15 million tonnes. This is according to data from the World Steel Association (WorldSteel),…
US steel producer Nucor has once again raised its spot price (CSP) for hot-rolled coil by $5 per short tonne compared with the previous week. The new offer price currently stands at $1,130 per short tonne.
Since the beginning of June, the global scrap market has seen a 1–4 per cent decline in supply, depending on the region. The sharpest fall was recorded in Turkey – at 4 per cent – whilst prices in Germany…
Amid negotiations to revise the USMCA, the US steel sector is calling for stricter smelting and casting rules that would more clearly define North American-produced steel. Kevin Dempsey, president of…
Nippon Steel, the world’s third-largest steel producer, expects the US market to continue growing steadily thanks to import tariffs and robust demand. This could boost the profits of its subsidiary, US…
Billet prices in Tangshan in North China's Hebei province witnessed a mild gain during June 8-14, with Mysteel assessing the price of Q235 150mm square billet in the city at Yuan 3,040/tonne ($450/t)…
Tokyo Steel, a leading Japanese electric arc furnace steel producer, has raised its prices for hot-rolled coil (HRC) for July sales by 2,000 yen per tonne ($12/t) compared with the previous month.
Global prices for hot-rolled coils showed mixed trends in May. In the European market, average monthly offers fell by 2–4%, whilst in China and the US there was a slight increase of 3–4%.
The international credit rating agency Fitch Ratings has revised its short-term forecasts for mining commodity prices upwards. The short-term forecast for iron ore prices in 2026 has been raised to $100/t…
Baoshan Iron & Steel (Baosteel), a subsidiary of the world’s leading steel producer China Baowu Steel Group, has kept prices for most flat steel products, including hot-rolled coil (HRC), unchanged for…
Prices of carbon steel billets in China are expected to ease slightly this month, mainly under pressure from subdued demand in the summer lull and fading cost support from raw materials prices, according…
The US steel producer Nucor has once again raised its spot price (CSP) for hot-rolled coil by $10 per short tonne compared to the previous week. This is stated in the company’s letter to customers dated…
